UNSPSC 64102007: Basic investment account

An investment account that is owned by an individual investor and looked after by the investor.

UNSPSC 64102007 Basic investment account (Commodity) encompasses the custody, management, and advisory services state and local governments procure to oversee cash, investment portfolios, and specialized financial reserves. Recent solicitations reveal state and local bodies buying portfolio management for operating funds and endowments, investment advisory and fiduciary consulting for pension and deferred compensation plans, investment custodial and safekeeping services, and specialized services such as arbitrage compliance, private markets reporting, and commercial paper liquidity provision. The issuing-body mix spans state treasuries and comptroller offices, city finance departments, county clerk and treasurer offices, community college districts, university systems, water authorities, housing authorities, regional transit entities, and special-purpose boards managing public employee retirement and investment pools. Texas entities—the state comptroller's office, Dallas, Houston, and San Antonio jurisdictions, and the Teacher Retirement System—dominate recent activity, with significant secondary volume from Florida (Hillsborough County, Sarasota, Okaloosa County), Georgia (GHFA, Crisp County), Oregon (state treasury, Business Oregon), and Washington state. The Texas Comptroller's TexPool investment-management solicitation (RFP 240L, due September 2, 2026) seeks to manage $58.4 billion across 2,990 TexPool and 738 TexPool Prime participants with a mandatory VetHUB subcontracting plan; the City of Sarasota's OPEB Trust Fund investment consulting opportunity (RFP 26-36HR, due August 19, 2026) targets a $60 million trust with $1 million annual outflows; and the Hillsborough County Clerk's investment management RFP (02/26, due July 10, 2026) addresses $1.5 billion in short-term operating and reserve funds with a cooperative-purchasing vehicle open to Florida municipal agencies. Dallas City's commercial paper liquidity provider solicitations (BEZ2600030089 and BEZ2500030089, due May 22, 2026) seek multiple providers for $350 million GO, $300 million LEAP airport, and $125 million stormwater programs with 3–20 percent SBE participation requirements and $23.06 per-hour living wage floors.

Early-year activity (March through June 2026) concentrated on core investment advisory services—Charlotte's $2.8 billion fixed-income portfolio solution (RFP 269-2026-202, due April 6, 2026), Georgia Housing Finance's $80 million fixed-income management (RFP issued February 12, due March 6, 2026), and Collin County Community College's $520 million non-discretionary portfolio management (RFQ due February 11, 2026)—alongside specialized niches including deferred compensation plan consulting (City of Lubbock, RFP 26-19659-KM, due June 11, 2026; City of Goodyear, RFP 26-0106, due March 26, 2026), private markets data capture and reporting (Texas TRS RFPs TRS000649 and TRS000660, due March 4 and June 4, 2026), and municipal bond advisory and underwriting support (Ontario International Airport Authority RFP 2026RFP079, City of Salem RFP 267033, due May 1, 2026). VetHUB and SBE participation requirements appear in Texas state procurements and select city contracts; living wage thresholds apply in Dallas and are emerging in other large-city solicitations. Fees typically follow basis-point AUM models, flat annual fees, or tiered asset thresholds; RFPs stress insurance minimums ($1–5 million professional liability, $1–2 million general liability), SEC registration, multi-year terms with renewal options, and cybersecurity/data governance compliance. The code sees sustained demand for both large institutional portfolio management and specialized advisory roles supporting retirement, OPEB, and liquidity funding initiatives across diverse state and local customer bases.